Darden director exercises 886 RSUs into shares

A Darden Restaurants director exercised 886 restricted stock units into common shares, increasing directly held stock to 5,144 shares.

Rhea-AI Filing Summary

DARDEN RESTAURANTS INC (DRI) director Juliana L. Chugg reported an exercise of equity awards. On September 17, 2026, 886 Restricted Stock Units from the FY26 director annual grant were converted into 886 shares of common stock on a one-for-one basis, leaving no RSUs from this grant outstanding and resulting in direct ownership of 5,144 common shares. The RSUs vest on the earlier of one year from the grant date or the next annual meeting of shareholders, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

886 shares exercised/converted

Exercise 2 txns

Insider CHUGG JULIANA L

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (FY26 Director Annual Grant) F1, F2	886	--	--
Exercise	Common Stock F1	886	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (FY26 Director Annual Grant) — 0 contracts (Direct); Common Stock — 5,144 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders.

Key Figures

Restricted Stock Units exercised: 886 units Common stock acquired from RSUs: 886 shares Shares directly owned after transaction: 5,144 shares +3 more

6 metrics

Restricted Stock Units exercised 886 units FY26 director annual grant converted into common stock on September 17, 2026

Common stock acquired from RSUs 886 shares Shares of Darden Restaurants common stock received upon RSU conversion

Shares directly owned after transaction 5,144 shares Direct common stock holdings of Juliana L. Chugg after September 17, 2026

RSUs remaining from this grant 0 units Total RSUs from the FY26 director annual grant following the conversion

RSU conversion ratio 1.0 Restricted stock units convert into common stock on a one-for-one basis

Per-share value on acquisition $0.00 per share Reported value for common shares received upon RSU conversion

Key Terms

Restricted Stock Units, vest, annual meeting of shareholders

3 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vest financial

"The RSUs vest on the first to occur of one year from date of grant"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual meeting of shareholders regulatory

"the date of the next annual meeting of shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DRI director Juliana L. Chugg report?

She reported the exercise of 886 Restricted Stock Units from the FY26 director annual grant on September 17, 2026, converting them into 886 shares of Darden Restaurants common stock and increasing her direct common stock holdings.

How many DRI common shares does Juliana L. Chugg hold after this Form 4?

After the reported transactions, Juliana L. Chugg directly holds 5,144 shares of Darden Restaurants common stock, as of the September 17, 2026 transaction date.

What happened to the 886 DRI Restricted Stock Units in this filing?

The 886 Restricted Stock Units from the FY26 director annual grant were converted into 886 shares of common stock on a one-for-one basis, leaving 0 RSUs from this grant reported as remaining afterward.

At what price were the DRI shares acquired upon RSU conversion?

The 886 shares of Darden Restaurants common stock received upon RSU conversion are reported with a per-share value of $0.00, consistent with an equity award settlement rather than an open-market purchase.

Were the DRI insider transactions under a Rule 10b5-1 plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for these transactions; the Rule 10b5-1 checkbox is not affirmed and no footnote describes a trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 11:59 AM Accepted by SEC EDGAR 09/18/2026 - 11:59 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHUGG JULIANA L

(Last) (First) (Middle)

1000 DARDEN CENTER DRIVE

(Street)

ORLANDO FLORIDA 32837

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DARDEN RESTAURANTS INC [ DRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/17/2026		M		886	A	$0(1)	5,144	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (FY26 Director Annual Grant)	(1)	09/17/2026		M			886	(2)	(2)	Common Stock	886	(1)	0.0000	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders.

Remarks:

chugg2026poa.txt

	A. Noni Holmes-Kidd, Attorney-in-fact for Chugg, Juliana L.	09/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)